At her death Serena owned real estate worth $210,000 with her spouse in joint tenancy with the right of survivorship. Serena contributed $50,000 to the original cost of the property and her spouse contributed the remaining $100,000. What amount, if any, is included in Serena's gross estate?
A) $50,000
B) $105,000
C) $80,000
D) zero - this property qualifies for the marital deduction.
E) None of these is correct.
Correct Answer:
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